AIB reduce Mortgage Rates

Allied Irish Bank (AIB) have – as promised – passed on the latest ECB rate cut to all variable and tracker mortgages.

The new AIB 3.75% variable rate is  now the lowest variable rate mortgage in Ireland for LTVs over 50% . BOI match it on LTVs under 50%. BOI also have a discounted rate of 3.75% for 12 months  for other LTVs – rising after a year. See the Variable Mortgage Best Buys list .

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AIB have also reduced the 1 year fixed rate for First Time Buyers to 2.99%